WINTON GROUP Ltd Buys Shares of 70,817 Viking Holdings Ltd. $VIK

WINTON GROUP Ltd bought a new stake in Viking Holdings Ltd. (NYSE:VIK) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 70,817 shares of the company’s stock, valued at approximately $5,057,000.

A number of other institutional investors also recently made changes to their positions in the business. Invesco Ltd. raised its position in shares of Viking by 32.8% in the 3rd quarter. Invesco Ltd. now owns 14,048,357 shares of the company’s stock valued at $873,246,000 after purchasing an additional 3,471,244 shares in the last quarter. Norges Bank acquired a new position in shares of Viking in the 4th quarter valued at approximately $372,297,000. Dream Peak Capital Ltd acquired a new position in shares of Viking in the 4th quarter valued at approximately $223,744,000. Artisan Partners Limited Partnership raised its position in shares of Viking by 33.9% in the 3rd quarter. Artisan Partners Limited Partnership now owns 2,944,248 shares of the company’s stock valued at $183,014,000 after purchasing an additional 745,509 shares in the last quarter. Finally, Two Sigma Investments LP raised its position in shares of Viking by 28.8% in the 3rd quarter. Two Sigma Investments LP now owns 2,690,678 shares of the company’s stock valued at $167,253,000 after purchasing an additional 600,890 shares in the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Viking Stock Performance

VIK stock opened at $89.85 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.76 and a debt-to-equity ratio of 5.27. The firm has a market cap of $40.04 billion, a P/E ratio of 33.40, a P/E/G ratio of 1.30 and a beta of 1.59. Viking Holdings Ltd. has a 12-month low of $46.06 and a 12-month high of $93.70. The stock’s 50 day simple moving average is $81.83 and its 200 day simple moving average is $75.03.

Viking (NYSE:VIK) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.11) EPS for the quarter, hitting analysts’ consensus estimates of ($0.11). Viking had a return on equity of 149.40% and a net margin of 18.00%.The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the prior year, the business earned ($0.24) EPS. The firm’s revenue was up 17.5% on a year-over-year basis. As a group, equities research analysts predict that Viking Holdings Ltd. will post 3.28 EPS for the current year.

Insider Buying and Selling at Viking

In related news, EVP Jeffrey Dash sold 46,369 shares of the stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $80.23, for a total value of $3,720,184.87. Following the sale, the executive vice president owned 420,022 shares of the company’s stock, valued at $33,698,365.06. This trade represents a 9.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Wall Street Analysts Forecast Growth

VIK has been the topic of a number of recent analyst reports. Susquehanna upped their target price on Viking from $100.00 to $105.00 and gave the company a “positive” rating in a research report on Friday, May 15th. Citigroup reaffirmed a “buy” rating on shares of Viking in a research report on Friday, May 15th. Stifel Nicolaus set a $105.00 target price on Viking in a research report on Friday, May 15th. Barclays upped their price target on Viking from $76.00 to $88.00 and gave the company an “equal weight” rating in a research report on Friday, May 15th. Finally, Rothschild & Co Redburn set a $95.00 price target on Viking and gave the company a “buy” rating in a research report on Tuesday, April 14th. Thirteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Viking currently has an average rating of “Moderate Buy” and an average price target of $96.38.

Viking Profile

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.